Lloyds, RBC to lift ATM restriction for basic accountholders in the UK

June 13, 2014

Reversing course, RBS and Lloyds have announced that customers who own basic bank accounts will be allowed to carry out transactions at other banks’ ATMs.

It’s not just FIs — vendors must respond to tightened regulations, too

June 12, 2014

Besides dampening innovation and driving up costs, increased banking regulation can result in a shrinking pool of qualified vendor partners.

Indian FIs hope to extend 'on-us only' transactions to off-us ATMs

June 12, 2014

India is exploring the feasibility of allowing ATM users to carry out certain transactions (e.g., deposits, utility payments and digital TV recharge) currently…

Online banking: a shift to mobile platforms

June 12, 2014

A new study shows that consumers are beginning to rely more heavily on online banking as their digital 'branch' for account management and customer service.

The evolution of money: 5 mobile banking apps you should get to know

Mobile banking apps will (or should) eventually evolve into mobile wallets. These five are poised to do so successfully.

Banco do Brasil intros an ATM access solution for international travelers

June 9, 2014

Barely more than a week away from the start of 2014 FIFA World Cup Brazil, Banco do Brasil Americas and payment processor i2c Inc. have launched a…

ATM security so simple, even a child can hack it

June 9, 2014

Two ninth-graders in Winnipeg, Manitoba, recently demonstrated to the Bank of Montreal that its ATM security wasn’t quite what it ought to be.

Study: Cardholder account control via mobile device

June 6, 2014

Whether it was a strategy by FIs to reduce call center costs or a response to their customers’ wish to prevent fraudulent use of their cards, debit account…

Boston bank goes next-gen with Red Hawk and NCR video ATMs

June 5, 2014

Boston-based South Shore Bank opened its new Hingham financial center in December 2013 with Personal Teller Machines. The technology has been so well received…

Mobile banking app charts 850 percent bump in use of debit card on-off feature

June 5, 2014

Malauzai Software, a provider of mobile banking SmartApps for community FIs, has reported that between November and April, the company saw a 450-percent…

Shazam, D3 Banking collaborate on seamless digital banking services

June 5, 2014

D3 Banking, a player in omnichannel, data-driven digital banking and the Shazam Network, a provider of financial services to community FIs, have announced a…

BSNB, Welch ATM enter branding agreement

June 4, 2014

Ballston Spa National Bank and Welch ATM announced today that BSNB will offer its customers surcharge-free access to ATMs at 44 Rite Aid Pharmacy locations in…

First Data, Union Bank strike long-term ATM-driving agreement

June 3, 2014

Payment technology and services provider First Data and San Francisco-based Union Bank N.A. have finalized a multi-year agreement for ATM driving, debit…

Apple opening fingerprint ID to mobile app designers

June 2, 2014

Financial services providers who offer the convenience of a mobile application for their customers can now also offer said customers an additional layer of…

KCB trades out piecemeal processing for integrated platform

May 30, 2014

Kenya Commercial Bank, one of the largest banks in the country with more than 150 branches, has launched a new in-house processing center built…

How an ATM and a smartphone can free up landlocked loan accounts

Cardless cash access offers new utility to accounts previously not accessible to cardholders.

India’s small FIs look to white label ATMs for affordable expansion

May 29, 2014

Small private banks in India are looking for ways to increase their footprint without adding to their overhead, and to do it, they’re eyeing a relaxed ATM…

7 steps to minimizing data breach fallout, part 2

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

In my previous post, I shared four of the seven steps financial institutions can take to prepare for and respond to a data breach affecting their cardholders.

Zambian bank gradually grows its ATM fleet

May 27, 2014

Of 21 commercial banks in Zambia, only 16 have any ATM presence at all in the country. Cavmont Bank is one of these, and it has just installed its 20th ATM…

7 steps to minimizing data breach fallout, part 1

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

Many financial institutions have felt the sting of recent breaches — and there could be more to come. Dealing with the aftermath is frustrating, time-consuming…